Latest United States News

Stocks rise after Trump says he'll meet with Xi next week

Jun. 18, 2019 1:07 PM EDT

NEW YORK (AP) — Stocks rose sharply on Wall Street Tuesday as traders cheered news that the leaders of the U.S. and China will meet face-to-face next week to discuss their long-running trade dispute. President Donald Trump said he will hold talks with Chinese President Xi Jinping at an international summit...

Trump says he'll talk trade with Xi next week in Japan

Jun. 18, 2019 1:04 PM EDT

WASHINGTON (AP) — President Donald Trump said he'll hold trade talks with Chinese President Xi Jinping next week while he's at a summit of nations in Japan. And U.S. and Chinese negotiators will resume talks before the leaders meet. In an escalating trade dispute with Beijing, Trump has already imposed 25%...

European Central Bank hints at stimulus _ drawing Trump ire

Jun. 18, 2019 12:40 PM EDT

FRANKFURT, Germany (AP) — The European Central Bank could unleash more stimulus if the economy doesn't pick up soon, its president warned Tuesday, sparking a sharp drop in the euro and drawing an angry tweet from U.S. President Donald Trump. Mario Draghi told a conference in Sintra, Portugal, that the ECB...

The Latest: White House steps up Iran outreach to Congress

Jun. 18, 2019 12:21 PM EDT

WASHINGTON (AP) — The Latest on developments as the U.S. and Iran edge toward a flashpoint amid escalation in the Persian Gulf region (all times local): 12:20 p.m. The White House is stepping up its outreach to Congress as tensions escalate in the Middle East. Lawmakers will receive a series of classified...

The Latest: Blatter says Paris meeting swayed vote for Qatar

Jun. 18, 2019 12:17 PM EDT

PARIS (AP) — The Latest on the French investigation involving Michel Platini (all times local): 6:10 p.m. Former FIFA president Sepp Blatter says he insisted for years that a meeting in Paris involving then-French President Nicolas Sarkozy, Michel Platini and Qatar's future Emir swayed the 2022 World Cup...

3 things to watch for from the Federal Reserve on Wednesday

Jun. 18, 2019 12:10 PM EDT

WASHINGTON (AP) — The Federal Reserve is likely — if not certain — to leave interest rates alone when its latest policy meeting ends Wednesday. But expectations are high that the Fed and its chairman, Jerome Powell, will signal that a rate cut may come soon for the first time in more than a...

Markets Right Now: Stocks rise on hopes for trade progress

Jun. 18, 2019 12:07 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 11:45 a.m. Stock prices are sharply higher on Wall Street following news that the leaders of the U.S. and China will meet face-to-face next week to discuss their long-running trade dispute. Technology and industrial...

Israel welcomes Mideast peace workshop although not invited

Jun. 18, 2019 12:03 PM EDT

JERUSALEM (AP) — Israeli Prime Minister Benjamin Netanyahu is welcoming next week's Mideast peace conference, even though government officials are not invited. Speaking at a government ceremony Tuesday, Netanyahu praised the U.S. conference in Bahrain as "an attempt by the United States to bring a better...

Charitable giving by individual Americans drops in 2018

Jun. 18, 2019 11:41 AM EDT

NEW YORK (AP) — Charitable giving by individual Americans in 2018 suffered its biggest drop since the Great Recession of 2008-09, in part because of Republican-backed changes in tax policy, according to the latest comprehensive report on Americans' giving patterns. The Giving USA report, released Tuesday,...

Facebook plans its own currency for 2 billion-plus users

Jun. 18, 2019 11:18 AM EDT

SAN FRANCISCO (AP) — Facebook already rules daily communication for more than two billion people around the world. Now it wants its own currency, too. The social network unveiled an ambitious plan Tuesday to create a new digital currency similar to Bitcoin for global use, one that could drive more...